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Profile & Fundamentals
Unity Software (U.NYSE) Profile & Fundamentals
Review Unity Software reported earnings, valuation, balance sheet and ownership, with source tables and separate AI assessments.
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Company and Market Context
Unity Software: Company Profile & Ownership
Unity Software Inc. operates a platform to develop, deploy, and grow games and interactive experiences for mobile phones, PCs, consoles, and extended reality devices in the United States, China, Hong Kong, Taiwan, Europe, the Middle East, Africa, the Asia Pacific, Canada, and Latin America. The company's platform offers artificial intelligence solutions that support developers through the entire development lifecycle, which includes prototyping, live service operation, user acquisition, and monetization. It also provides Create Solutions, a set of tools and services used to build, ship, and run real-time 2D and 3D content; and Grow Solutions, which allows customers to grow and engage their user base and monetize their content. In addition, the company offers enterprise support and consumption services; professional services, including consulting, platform integration, training, and custom application and workflow development services; and advertising and game publishing services. It provides its solutions directly through its online store, field sales operations, independent distributors, and resellers. The company serves enterprises, mid-market companies, government, and non-profit institutions; mid-sized, small, and independent businesses; and individuals from various industries. Unity Software Inc. was founded in 2004 and is headquartered in San Francisco, California.
Company profile record
Unity Software Inc
Common Stock · Information Technology · Application Software
Company
- Company / asset
- Unity Software Inc
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Application Software
- HQ
- 🇺🇸 United States
- Head office
- 116 New Montgomery Street, San Francisco, CA, United States, 94105-3607
Leadership & scale
- Chief executive
- Mr. Matthew Samuel Bromberg J.D.
- CEO year born
- 1966
- Full-time employees
- 4.4K
- Fiscal year end
- December
- IPO date
- 2020-09-18
Fundamentals snapshot
- Market Cap
- USD 25.1B
- P/E
- --
- Revenue (Q3 26)
- USD 622.1M
- Profit (Q3 26)
- USD 121.2M
- Dividend Yield
- --
- Revenue (FY 25)
- USD 1.8B
- Shares in public float
- 372.5M
- Insider ownership
- 3.36%
Reporting & identifiers
- Symbol
- U.NYSE
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US90385V1070
- Asset ID
- equity_3e5cf1f0-b8fc-5e35-9ed0-b05a9be0c731
Unity Software: Ownership
Shares Outstanding
Latest: 498.2M | Max: 498.2M | Min: 106.0M
Latest reported ownership snapshot
Float Shares
74.77%
372.5M latest reported shares
Insider Ownership
3.36%
Latest reported insider stake
Short Float
0.06%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2018-01-01 | 106,000,000 |
| 2019-01-01 | 228,210,000 |
| 2020-01-01 | 272,134,000 |
| 2021-01-01 | 288,469,000 |
| 2022-01-01 | 351,264,000 |
| 2023-01-01 | 384,871,600 |
| 2024-01-01 | 405,172,000 |
| 2025-01-01 | 429,833,000 |
| 2026-01-01 | 498,165,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| SILVER LAKE GROUP, L.L.C. | 34,735,404 | 7.83% | 2026-06-30 |
| SC US (TTGP), LTD. | 31,824,924 | 7.17% | 2026-06-30 |
| BlackRock Inc | 23,380,305 | 5.27% | 2026-06-30 |
| Vanguard Portfolio Management, LLC | 20,466,738 | 4.61% | 2026-06-30 |
| Vanguard Capital Management, LLC | 17,205,571 | 3.88% | 2026-06-30 |
| Slate Path Capital LP | 16,075,152 | 3.62% | 2026-06-30 |
| Vanguard MStar Total Stk Mkt Idx Invest | 12,515,221 | 2.82% | 2026-09-30 |
| Atreides Management, LP | 10,245,819 | 2.31% | 2026-06-30 |
| D. E. Shaw & Co LP | 9,082,560 | 2.05% | 2026-06-30 |
| Vanguard Small Cap Index | 8,915,191 | 2.01% | 2026-09-30 |
| UBS Group AG | 8,241,936 | 1.86% | 2026-06-30 |
| AQR Capital Management LLC | 7,248,193 | 1.63% | 2026-06-30 |
| State Street Corp | 6,816,900 | 1.54% | 2026-06-30 |
| Point72 Asset Management, L.P. | 6,805,922 | 1.53% | 2026-06-30 |
| Two Sigma Investments LLC | 6,750,900 | 1.52% | 2026-06-30 |
Unity Software: Earnings, Profitability & Valuation
Latest Financials Filed On
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company's top-line performance staged an impressive recovery in mid-2026, with revenue expanding nearly 24% year-over-year to $546 million. This growth was propelled by the new Vector advertising system, which helped stabilize customer spending across mobile games. However, headline numbers conceal substantial accounting noise. Trailing GAAP net losses remain severe at nearly $587 million, heavily distorted by earlier non-cash impairment charges from shuttering unprofitable legacy units. Trailing free cash flow reached $538 million, proving cash generation is improving, but sustainable profitability requires revenue to outpace ongoing employee stock grants.
The company's top-line performance staged an impressive recovery in mid-2026, with revenue expanding nearly 24% year-over-year to $546 million. This growth was propelled by the new Vector advertising system, which helped stabilize customer spending across mobile games. However, headline numbers conceal substantial accounting noise. Trailing GAAP net losses remain severe at nearly $587 million, heavily distorted by earlier non-cash impairment charges from shuttering unprofitable legacy units. Trailing free cash flow reached $538 million, proving cash generation is improving, but sustainable profitability requires revenue to outpace ongoing employee stock grants.
Revenue, Net Income, and Free Cash Flow
Latest: USD 1.8B | Max: USD 2.2B | Min: USD -919.5M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: --
No history available.
Profitability & Margins
Margins and Operating Efficiency
AI Review
Gross profit margins remain structurally strong near 74% to 80%, demonstrating the healthy underlying economics of software distribution and digital advertising auctions. Operating leverage has expanded, pushing adjusted EBITDA margins toward 29% as cost cuts took hold. Yet, this margin expansion partly reflects cyclical ad recovery and excluded stock compensation rather than unassailable pricing power. True bottom-line profitability will only become permanent if advertising volumes keep expanding without requiring elevated research hiring, particularly as competitive pressure from rival networks limits advertising fees.
Gross profit margins remain structurally strong near 74% to 80%, demonstrating the healthy underlying economics of software distribution and digital advertising auctions. Operating leverage has expanded, pushing adjusted EBITDA margins toward 29% as cost cuts took hold. Yet, this margin expansion partly reflects cyclical ad recovery and excluded stock compensation rather than unassailable pricing power. True bottom-line profitability will only become permanent if advertising volumes keep expanding without requiring elevated research hiring, particularly as competitive pressure from rival networks limits advertising fees.
Profitability Margins
Latest: 74.2% | Max: 78.7% | Min: -66.1%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
74.2%
Gross profit / revenue
Operating Margin
-25.9%
Operating income / revenue
Net Margin
-21.8%
Net income / revenue
FCF Margin
21.8%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2018-12-31 | 380,755,000 | -131,602,000 | -119,078,000 |
| 2019-12-31 | 541,779,000 | -163,190,000 | -94,971,000 |
| 2020-12-31 | 772,445,000 | -282,308,000 | -20,993,000 |
| 2021-12-31 | 1,110,526,000 | -532,607,000 | -153,387,000 |
| 2022-12-31 | 1,391,024,000 | -919,488,000 | -116,569,000 |
| 2023-12-31 | 2,187,317,000 | -822,011,000 | 178,779,000 |
| 2024-12-31 | 1,813,255,000 | -664,114,000 | 273,144,000 |
| 2025-12-31 | 1,849,648,000 | -402,765,000 | 403,931,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
No reported records are available in this preview.
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2018-12-31 | 78.66 | -34.22 | -34.56 | -31.27 |
| 2019-12-31 | 78.11 | -27.81 | -30.12 | -17.53 |
| 2020-12-31 | 77.69 | -35.58 | -36.55 | -2.72 |
| 2021-12-31 | 77.16 | -47.88 | -47.96 | -13.81 |
| 2022-12-31 | 68.19 | -63.42 | -66.1 | -8.38 |
| 2023-12-31 | 66.46 | -38.07 | -37.58 | 8.17 |
| 2024-12-31 | 73.48 | -41.65 | -36.63 | 15.06 |
| 2025-12-31 | 74.17 | -25.9 | -21.78 | 21.84 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Snapshot retrieved 2026-11-10.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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